Answer: C. Many decisions are made on the margin
Explanation:
One vital economic principle that is made by economic agents is that when making rational decisions, it involves thinking at the margin.
For one to take a particular action, one has to consider the benefits and costs that are involved and then see if the benefits outweigh the costs before the final decision is made.
Since her pool sessions are helping her swim more quickly, Poornima plans to reduce by 1 hour per week the time she spends training on the bike and increase by 1 hour the time she spends in the swimming pool.
This means the extra time allocated to swimming is beneficial and the basic principle of individual choice that Maria illustrate is that many decisions are made on the margin.
Answer:
$96,850
Explanation:
The net worth refers to the value of all the assets owned by a person or entity minus the value of all the liabilities. In Lana's case the assets are:
House $325,000
Guitar $750
Car $15,000
Stock investments $8,000
Savings Account $2,100
Total value of assets: $350,850
Lana's Liabilities:
Mortgage $245,000
Car loans $9,000
Total value of liabilities: $254,000
So, Lana's net worth would be:
$350,850-$254,000= $96,850
Answer:
The correct answer is B
Explanation:
Retention of the employee comprise the various steps which is to be taken in order to retain the employee who wishes to move on. The employee need to find his job challenging and as per the interest at work and stay or retain with the firm or business for the longer period of time.
So, if there is lower in the rate of employee attrition by using the technique of the retention and motivation, the valid and correct criticism for this objective is that it does not provide or offer the time frame for accomplishing the objectives.
Answer:
Cost of goods sold= $410
Explanation:
Giving the following information:
November 1: 5 units for $20 each.
On November 2, they purchased 10 units at $22 each.
On November 6, they purchased 6 units at $25 each.
On November 8, they sold 18 units for $54 each.
The company uses LIFO (last in, first out) as an inventory method.
Cost of goods sold= 6units*25 + 10units* 22 + 2units* 20= $410
No, because 100,000 is much greater than the values used in the experiment
Explanation:
The advertisement budget is an estimation of the company's commercial spending for a specified amount of time. More specifically, it is the capital that a organisation is able to put aside to accomplish its marketing goals.
In developing an advertisement budget, a corporation must balance the importance of the promotional dollar against the value of the dollar as known revenue.
Better promotional budgets — and campaigns — focus on consumers' desires and address their challenges, not on business concerns such as overstock elimination.
